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$589,900   Price Analysis
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2300 Madison St NE
Minneapolis, MN 55418
7 bed 3 bath 2,520 SqFt ($234/SqFt)
6,970SqFt lot. Built 1900
Listed 2024-03-06, Taxes $7,914
Ⓧ USDA Ineligible
due to location

near Minneapolis

Rare opportunity to own a house and duplex on the same lot.

* Sale Pending *

Live in the home and have the rents from the duplex pay your mortgage! The thoughtfully updated and charming home features 2 bedrooms and 1 bath, with a new roof and furnace to insure an energy efficient home with minimal maintenance. The newly installed LVP floors provide durability and character to every room. And the Custom kitchen cabinets with stainless steel appliances and butcher block counter tops provide functionality and style to the chef in the family.

The vast living & dining area is filled with ample natural light, creating a comfortable and inviting atmosphere. And the duplex has also been thoughtfully updated. Those familiar with northeast will love being within close proximity to both the northeast arts district and central ave, being able to take advantage of what both of these wonderful neighborhoods have to offer. Don't miss this opportunity to own a charming home & duplex on the same lt with timeless appeal.


Presented by Thomas Puzak at
Upslope Realty.


Property MLS #6490576 from NorthstarMLS

Bedrooms: 7

Basement Features: Full

Full Bathrooms: 3

Heating Features: Forced Air
Heating Fuel: Natural Gas

Stucco
Vinyl

Land Lease Amount Frequency: No
Lot Description: Corner Lot, Public Transit (w/in 6 blks), Tree Coverage - Light
Lot Size Acres: 0.16
Lot Size Dimensions: 55x124
Lot Size Square Feet: 6970

Garage Spaces: 1
Parking Features: Detached Garage, Driveway - Shared

Association: No
Calculated Total Monthly Association Fees: 0

Gross Income: 44400.00

Number of Units: 3

School District: 1 - Minneapolis

Edison Senior High School is a public high school located approximately 0.2 miles away.
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Pillsbury Elementary School is a public elementary school located approximately 1 miles away.
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Northeast Middle School is a public middle school located approximately 1.2 miles away.
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Pope John Paul II Catholic School is a private elementary and middle school located approximately 0.6 miles away.
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Annual Tax Amount: 7084.00
Source Listing Status: Pending
County: Hennepin
Directions: Central Ave NE to 24th Ave NE to Madison St NE.
Tax Year: 2023
Source Property Type: Multi-Family
Source Neighborhood: Holland
Parcel Number: 1102924420064
Subdivision: Lennon&Newells Addn to St Ant.
Zoning: Residential-Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$377,000 + $58,000
$435,000
$7,914
2021$387,300 + $50,700
$438,000
$7,155
2020$331,200 + $33,800
$365,000
$6,452
2019$298,200 + $33,800
$332,000
$6,025
2018$265,200 + $33,800
$299,000
$5,483
2017$229,300 + $30,700
$260,000
$4,873
2016$212,800 + $30,700
$243,500
$4,727
2015$186,800 + $30,700
$217,500
$4,413
2014$173,500 + $33,500
$207,000
$4,647
2013$181,900 + $36,100
$218,000
$4,787
2012$194,900 + $36,100
$231,000
$4,937
2011$215,900 + $36,100
$252,000
$5,137
2010$249,400 + $36,100
$285,500
$4,170
2009$239,800 + $31,300
$271,100
$4,240
2008$203,300 + $26,500
$229,800
$3,211
2007$170,700 + $18,500
$189,200
$2,583

Price Changed 2024-04-03
$589,900
NorthstarMLS
Listed 2024-03-06
$599,900
NorthstarMLS
Sold 2009-03-06
$53,000
NorthstarMLS
Listed 2009-01-22
$61,750
NorthstarMLS
Sold 1999-07-23
$56,000
Public Record
Sold 1988-11-01
$56,000
Public Record

Total Square Feet Living: 2520
Above Grade Finished Area: 1680
BelowGradeFinishedArea: 840
Foundation Area: 1456.00
Property Age: 124
Property Condition: Previously Owned
Roof: Asphalt Shingles
Levels or Stories: 2
Total Above Grade Sqft Area: 2912.00
Total Area Main: 1456.00
Total Below Grade Area: 840.00

Sewer: City Sewer/Connected
Water Source: City Water/Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.